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Published on 10:17 GMT

Demand for US light sweet crude drops as OPEC+ ramps up output

By Stephanie Kelly and Robert Harvey NEW YORK (Reuters) -Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners and weighing on export demand for light sweet U.S. crude, contributing to …

Source: Yahoo Finance - Center-left
Published on 11:08 GMT

Middle East Crude-Benchmarks edge down after Saudi lowers July prices for Asian buyers

Middle East crude benchmarks Oman, Murban and Dubai edged down on Thursday, after Saudi Arabia lowered its July prices for Asian buyers following OPEC+’s output hike for a fourth month, although the price cut was smaller than expected. Saudi Arabia’s state …

Source: Hellenic Shipping News - Neutral
Published on 10:00 GMT

Oil Markets Face Renewed Pressure As Technicals And Fundamentals Align For Downturn

(MENAFN- The Rio Times) Official sources and trading data show Brent and WTI crude oil markets remain under heavy pressure, with the past 24 hours reinforcing a bearish outlook. As of June 6, 2025, Brent crude traded near $66 per barrel, while WTI hovered …

Source: MENAFN - Indeterminate
Published on 01:41 GMT

Asia Distillates: Upbeat spot activity; July spot sales level mixed

Asia’s middle distillates markets were brimming with spot activity both on window and offscreen for July spot cargoes, against a backdrop of more supply disruptions in northeast Asia. Sales via spot tenders these two days were being discussed at similar …

Source: Hellenic Shipping News - Neutral
Published on 01:25 GMT

Asia’s fuel oil imports from Iraq hit 4-month high in May

Asia’s fuel oil imports from Iraq hit a four-month high in May as strong refining margins boosted output and exports from the Middle Eastern supplier, according to trade sources, analysts and data from shipping analytics firm Kpler. The rise in exports …

Source: Hellenic Shipping News - Neutral
Published on Jun 5, 2025

India’s crude oil imports in May underscores price-sensitive, flexible sourcing strategy

Russia’s position as India’s top supplier reflects continued reliance on discounted barrels and its ability to deliver across geographies. India’s crude oil imports in the last few months, particularly May, reflect the world’s third-largest importer …

Source: The Hindu Business Line - Neutral
Published on Jun 5, 2025

Saudi Arabia lowers July oil prices for Asia after OPEC+ supply boost

Saudi Arabia, the world's biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after OPEC+ hiked output for a fourth month although the price cut was smaller than expected. Saudi Arabia's state firm Aramco cut the official …

Source: Channel News Asia - Pro-Government
Published on Jun 4, 2025

Saudi Arabia cuts July oil prices for Asia to nearly 4-year low after OPEC+ supply boost

Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in four years on Wednesday, in what the market sees as the country's attempt to regain market share. Saudi Arabia has pushed …

Source: Channel News Asia - Pro-Government
Published on Jun 4, 2025

Saudi Arabia cuts July oil prices to Asia to 4-year low after OPEC+ supply boost

Saudi Arabia, the world’s biggest oil exporter, cut its prices for Asian crude buyers close to the lowest level in four years on Wednesday, in what the market sees as the country’s attempt to regain market share. Saudi Arabia has pushed OPEC+ this year to …

Source: Business Recorder - Neutral
Published on Jun 4, 2025

Asian stocks edged higher on Wednesday

Asian stocks edged higher on Wednesday as investors prepared for new U.S. tariffs on steel and aluminium, a fresh turn in the ongoing trade dispute. The dollar reached near its weakest point in six weeks as traders weighed the potential fallout. The KOSPI, …

Source: Cryptopolitan - Indeterminate
Published on Jun 4, 2025

Oil Bulls Bite Back as Prices Defy Expectations

OPEC+ did what everyone expected it to do last weekend, announcing another production ramp-up. Prices, however, did something that not everyone expected them to do: they went up. All eyes are now on demand—and the disruption of supply. The eight members of …

Source: Oil Price - Neutral
Published on Jun 3, 2025

Kazakhstan’s rising oil output strengthens its position in the global energy market

By Botagoz Marabai Published on 03/06/2025 - 15:00 GMT+2 Kazakhstan, Central Asia's top oil producer, is a key exporter to the European market. The country's oil fields supply 13% of the European Union's crude, representing nearly 70 …

Source: Euronews - Neutral
Published on Jun 3, 2025

OPEC+’s crude output hike comes amid tepid Asian oil demand

The crude oil market devotes considerable energy to what OPEC+ says, but perhaps a little less to what it actually does when it comes to the supply of the world’s most important commodity. The eight members of the wider group that had implemented voluntary …

Source: Hellenic Shipping News - Neutral
Published on Jun 3, 2025

Japanese refiners base US crude buy decisions on OPEC+ supplies, Middle East OSPs

Japanese refiners are keen to regularly buy US crude in pursuit of feedstock import diversification, but OPEC+ supply and Middle Eastern crude price trends would mainly determine monthly North American cargo purchases, refinery sources said May 30-June 2. …

Source: Hellenic Shipping News - Neutral
Published on Jun 2, 2025

Asia And Europe Markets Slide, Oil Gains 3% - Global Markets Today While US Slept

On Friday, May 30, U.S. markets closed mixed. The S&P 500 ended flat but logged its strongest monthly gain since late last year, fueled by easing trade tensions, upbeat earnings, and subdued inflation. The Nasdaq also posted a solid monthly rise. …

Source: Benzinga - Neutral
Published on Jun 4, 2025

Markets Today: Eurozone Business Growth Stalls, DAX Eyes ATH, BoC Decision Next

Asian Market Wrap Asian equities broke a four-day losing streak as markets drew some optimism from positive US labor data. The labor data appeared to soothe market concerns around a global slowdown, even if the move proves temporary it is a welcome one. …

Source: Investing - Neutral
Published on Jun 4, 2025

First day of 30th Anniversary Baku Energy Forum concludes

Baku, June 4, AZERTAC The first day of the 30th edition of the Baku Energy Forum was concluded on Tuesday at the Baku Convention Center, bringing together leading industry figures for strategic dialogue and exchange of ideas. The first day featured …

Source: Azertag - Gov't Propaganda
Published on Jun 2, 2025

Asean News Headlines at 10pm on Monday (June 2, 2025)

Malaysia: * Federal awards, titles not for sale, says King/ King urges leaders to prioritise unity and integrity * King expresses appreciation for govt, civil servants' role in handling nation's challenges * PM congratulates King on His Majesty …

Source: The Malaysian Star - Indeterminate
Published on 00:44 GMT

Brazil to China: The VLCC Trade Route Making Waves in 2025

The combination of rising Brazilian crude supply, shifting geopolitical dynamics, and price-sensitive Chinese refinery demand has led to a significant increase in VLCC shipments from Brazil to China in recent months. Several new FPSOs (Floating Production …

Source: Hellenic Shipping News - Neutral

25 days 15:13:19

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Published on June 5, 2025 - 19:21 GMT

Eurosystem staff macroeconomic projections for the euro area, June 2025

The outlook for euro area economic growth is clouded by trade tensions and elevated global uncertainty. For 2025 as a whole, these effects are seen to be partly compensated by stronger than expected economic activity in the first quarter, which likely …

Distribution channels: Banking, Finance & Investment Industry
Published on May 29, 2025 - 14:00 GMT

OPEC Secretary General Announced as Keynote Speaker at Global Energy Show Canada

CALGARY, Alberta, May 29, 2025 (GLOBE NEWSWIRE) -- dmg events is announcing that OPEC Secretary General, His Excellency Haitham Al Ghais, will make an official visit to Canada this June and appear as a Keynote Speaker at the Global Energy Show Canada (GESC …

Distribution channels: Culture, Society & Lifestyle ...

Published on May 26, 2025 - 11:26 GMT

Oil Prices See Slight Uptick as Trump Delays EU Tariffs

(MENAFN) Oil prices edged up slightly on Monday, supported by U.S. President Donald Trump’s move to postpone the implementation of heavy tariffs on the European Union, alongside ongoing tensions fueled by the Russia-Ukraine war. At 10:23 a.m. local time ( …

Distribution channels: ...
Published on May 15, 2025 - 16:00 GMT

Everyone’s Watching the Fed—But a $150 Trillion U.S. Asset Could Be the Real Key to Lower Gas Prices, Says Ex CIA ...

WASHINGTON, May 15, 2025 (GLOBE NEWSWIRE) -- As media headlines obsess over interest rate cuts, Wall Street volatility, and OPEC negotiations, one critical story has flown under the radar. According to former CIA advisor Jim Rickards, the biggest driver of …

Distribution channels: Consumer Goods, Media, Advertising & PR ...

Published on May 6, 2025 - 16:38 GMT

OPEC+ and BP Reshape the Global Energy Narrative - Ian Timis Offers a Steady Hand in Natural Resources Management

As BP and OPEC+ reset priorities, Ian Timis brings strategic clarity and operational strength to today’s evolving natural resources sector. LONDON, LONDON, UNITED KINGDOM, May 6, 2025 /⁨EINPresswire.com⁩/ -- In early May 2025, OPEC+ announced an …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 4, 2025 - 12:01 GMT

India insulates itself from oil shocks

(MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

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Published on April 30, 2025 - 13:37 GMT

Oil Prices Drop Amid Trade Tensions

(MENAFN) Crude oil values declined once again on Wednesday, pressured by growing anxieties over weakened consumption, largely driven by escalating trade tensions between the United States and China—the globe’s two largest petroleum importers. Additionally, …

Distribution channels: ...
Published on April 10, 2025 - 20:44 GMT

Trump tariff shock causes four-year low to oil

(MENAFN) Oil prices have plummeted to their lowest levels in over four years, with Brent crude falling to about $61 per barrel and US West Texas Intermediate (WTI) dropping to around $58, marking the lowest prices since February 2021. The steep decline …

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Published on June 6, 2025 - 15:53 GMT

TransGard Introduces Vehicle Swing Gate for Animal Deterrent Fence System

New gate allows more rapid access to substations without compromising fence integrity YORK, PA, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- TransGard LLC, a leading provider of animal-deterrent equipment to electrical substations, today …

Distribution channels: Energy Industry ...
Published on June 6, 2025 - 15:29 GMT

International Solar Alliance to Host Sixth Regional Committee Meeting for Europe & Others Region in Brussels

The event will focus on Elevating the European Region’s Role in the Global Solar Transition BRUSSELS, DELHI, BELGIUM, June 6, 2025 /⁨EINPresswire.com⁩/ -- The International Solar Alliance (ISA) will convene the Sixth Regional Committee Meeting ( …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 6, 2025 - 14:47 GMT

DFI Piling to Exhibit at EPC Show 2025 in Houston, TX

HOUSTON, TX, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- DFI Piling is thrilled to announce that they will be exhibiting at the highly anticipated EPC Show 2025, taking place on June 11 and 12 at the George R. Brown Convention Center in …

Distribution channels: Chemical Industry, Energy Industry ...
Published on June 6, 2025 - 13:00 GMT

Safety Starts with People: Modigent’s Culture, Training, and Leadership Deliver Best-in-Class Results

Recordable incident rate well below industry average, new ergonomics training, & national safety committee reinforce Modigent’s culture of daily accountability PHOENIX, AZ, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- Modigent, a …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 6, 2025 - 12:00 GMT

Companies Receive Investment Through the Radicle Corn Value Chain Challenge

SAN DIEGO, CA, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- Radicle Growth and the supporting corn growers’ associations are thrilled to announce investments in two companies identified through the Radicle Corn Value Chain Challenge, …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on June 6, 2025 - 09:30 GMT

Agricultural Microbial Market Forecast 2025-2034: Comprehensive Insights On Market Size, Growth Factors, Trends

The Business Research Company’s Agricultural Microbial Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 6, 2025 /⁨EINPresswire.com⁩/ -- The agricultural microbial global market …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on June 6, 2025 - 10:00 GMT

Black Gold Expands Market Presence with Triple Listings

VANCOUVER, B.C., June 06, 2025 (GLOBE NEWSWIRE) -- Black Gold Exploration Corp. (the “Company” or “BGX”) (CSE: BGX) (OTCQB: BGXCF) (FRA: BLGX) announces that its common shares are now trading under the symbol “BGXCF” on the OTCQB board of OTC Markets, a US …

Distribution channels: Energy Industry, Media, Advertising & PR ...
Published on June 5, 2025 - 20:14 GMT

The Chill Brothers Expand to North Carolina with New Office Opening

Houston-Based HVAC Company Launches New Operations in Raleigh-Durham, NC RALEIGH- DURHAM, NC, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- The Chill Brothers, one of Texas’s fastest-growing HVAC companies, is proud to announce the opening …

Distribution channels: Business & Economy, Companies ...
Published on June 5, 2025 - 17:35 GMT

Vanguard Celebrates 53 Years as a Family-Owned Business, Honors Employees on Employee Appreciation Day

As a trusted leader in commercial and industrial roofing, proudly celebrates its 53rd anniversary as a family-owned business on our Employee Appreciation Day WORCESTER, MA, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- Vanguard, a trusted …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 5, 2025 - 16:53 GMT

Comprehensive Insights Of The Global Aviation Lubricants Market: Drivers, Trends, Opportunities, And 2025-2034 Forecast

The Business Research Company’s Aviation Lubricants Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 5, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Latest …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on June 5, 2025 - 16:48 GMT

This Week in Construction: Top Innovations & Industry Trends – June 5, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, June 5, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 5, 2025 - 15:29 GMT

WinStar Releases Positive International Data Center Research Report on Industry Leaders and Innovators

NEW HAVEN, CT, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- WinStar has published its 2025 International Data Center Industry Report on Industry Leaders and Innovators. “The global data center market continues to exhibit strong growth from …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2025 - 13:52 GMT

Possibly the Greatest Of All Treasures, the GOAT of Shipwreck Treasure, is Set to be Recovered Summer 2026

Lords Of Fortune is Moving Forward on its Recovery of Potentially $30+ billion in Gold from the White Star Passenger Liner, the 1909 Shipwreck, RMS Republic MIAMI BEACH, FL, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- In the fog-bound …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on June 5, 2025 - 13:50 GMT

Oil Brokerage and Sparta Announce Partnership to Deliver Real-Time Intraday Data to Traders

GENEVA, FOREIGN, SWITZERLAND, June 5, 2025 /⁨EINPresswire.com⁩/ -- Oil Brokerage and Sparta are pleased to announce a new redistribution partnership that will provide traders with seamless access to Oil Brokerage’s market-leading intraday data …

Distribution channels: Business & Economy, Companies ...
Published on June 5, 2025 - 13:00 GMT

Keystone Launches 'Know Your Cool' Summer Campaign to Help Consumers Make Smarter Cooling Choices

New educational series and interactive quiz empower shoppers to understand what they’re really buying before the summer heat hits PHILADELPHIA, PA, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- In an industry full of jargon, fine print, and …

Distribution channels: Consumer Goods, Culture, Society & Lifestyle ...
Published on June 5, 2025 - 12:36 GMT

GasTechno Corp Unveils High-Performance, Oil-Free Compressor Line for Clean Energy and Industrial Markets

Advancing a niche market in high pressure compression BOYNE FALLS, MI, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- GasTechno Corp, a pioneer in modular gas processing and methane conversion technologies, has announced the launch of its …

Distribution channels: Agriculture, Farming & Forestry Industry, Chemical Industry ...
Published on June 5, 2025 - 12:28 GMT

Global Semiconductor Fabrication Material Market: Key Trends, Market Share, Growth Drivers, And Forecast For 2025-2034

The Business Research Company’s Semiconductor Fabrication Material Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 5, 2025 /⁨EINPresswire.com⁩/ -- How Has the Semiconductor …

Distribution channels: Automotive Industry, Business & Economy ...
Published on June 5, 2025 - 12:20 GMT

ATMOS Global™ Launches ATMOS-5D Quantum™: A Groundbreaking Business Philosophy for Visionary Executives & Boards

Empowering executive leaders and board directors to navigate complexity and drive sustainable success through quantum intelligence and adaptive strategy MELBOURNE, VICTORIA, AUSTRALIA, June 5, 2025 /⁨EINPresswire.com⁩/ -- ATMOS Global™, a leader in …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2025 - 11:00 GMT

New Carbon Removal Rebate Program to Accelerate Corporate Climate Goals & Sustainable Fuel Announced by RC Technologies.

Carbon capture and sustainable aviation fuel company offers new incentive to help businesses and governments reduce emissions —unlocking direct financial value. NEW YORK CITY, NY, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- RC Technologies …

Distribution channels: Aviation & Aerospace Industry, Chemical Industry ...
Published on June 5, 2025 - 10:00 GMT

Everblue Awarded $148 Million to Implement Minnesota's Home Energy Rebate Programs

ST. PAUL, MN, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- Everblue, a national leader in public sector program management and technology, has been awarded a $148 million contract to implement Minnesota’s Home Energy Rebate Programs. This …

Distribution channels: Building & Construction Industry, Energy Industry ...